Verizon Communications Inc (VZ)

Number of days of payables

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Payables turnover		5.13	—	—	—	4.28	—	—	—	5.16	—	—	—	5.14	—	—	—	7.34	—	—	—
Number of days of payables	days	71.21	—	—	—	85.21	—	—	—	70.71	—	—	—	71.08	—	—	—	49.72	—	—	—

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.13
= 71.21

Verizon Communications Inc's number of days of payables has shown fluctuations over the years based on the provided data. As of December 31, 2024, the company had 71.21 days of payables, indicating that it takes an average of approximately 71 days for Verizon to pay its suppliers for goods or services purchased on credit. This metric suggests that Verizon's payment terms with its suppliers have remained relatively stable in recent years. It's important to note that a higher number of days of payables may indicate that the company is taking longer to settle its payables, potentially improving its cash flow position in the short term. However, an excessively high number of days of payables could raise concerns about the company's relationships with its suppliers and its liquidity management.